Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2003-06-25
2008-10-14
Kazimi, Hani M. (Department: 3691)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
Reexamination Certificate
active
07437323
ABSTRACT:
A method and system can be used to determine an optimal price of a commodity on a spot market. Market state conditions can be generated using historical data, such as transactional and other data. The market state conditions may include nearly any number of attributes, and the forecast market state conditions may include a forecast price for the commodity during the next time period. The historical data and market state condition may be used in a clustering module that separates the data into clusters. The cluster with the market state condition is identified, and the data in that cluster is used to generate a price-demand curve for the next time period. The price for the commodity on the spot market during that time period can be determined consistent with the company's business rules.
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See cluster—Synonyms from Thesaurus.com, available at http://www.thesaurus.reference.com/browse/cluster.
Aswal Navin
Buraparate Viroj
Valkov Theodore V.
Wisniewski Michael
Kazimi Hani M.
Pros Revenue Management; L.P.
Sprinkle IP Law Group
Zecher Michael R
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